In cooperation with Kafalah program and General Entertainment Authority, Bank Albilad offers financing solutions up to 15 million guaranteed by Kafalah program aim to support small and medium-sized companies in the entertainment sector.

Features

Ease of process and procedures
Supporting by Kafalah program up to 80% to 90%, which leads to a low profit margin
Providing the service through the branches of the regions Riyadh, Jeddah, and Dammam.
The Financing limit is up to SAR 15 million to support operational needs and expansions
Settlement is possible in monthly, quarterly, or yearly installments

Documentation Requirements at Initial Application

Legal documents (commercial registration - articles of association - owners' IDs).
Fill SIMAH record on company’s Publications.

Terms and Conditions

Not exceeding the limit available by Kafalah
The client’s experience should be at least two years
Signing the facilities documents and the promissory note for the full amount of the facilities

FAQs

What is Kafalah program?

The Kafalah program is a government support for small and medium-sized enterprises.

Does the client communicate with Kafalah to raise the request?

No, the bank takes care of all the procedures

How much is the financing amount and what are the prices?

Depends on the type of request made by the client

Contact Us

Albilad Phone

Call Albilad Business Phone - for inside KSA at 8001237777 - for outside KSA at +966114798766

8001237777

Our Branches

Find the nearest Albilad branch or ATM to you. Get step-by-step directions and estimated time of arrival.

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All Rights Reserved © 2024 Bank Albilad is a Saudi joint stock company, with National Unified No. 7001473102, Head Office: Al Mutamarat 8229, Building No 2, RIYADH 3952 - 12711, KSA. Under monitoring and supervision of Saudi Central Bank and licensed by Royal decree 48/M on 1425/9/21H (4/11/2004 G).

Financing Program for SME in Entertainment Sector

​Features